Can I retire at age 72 with 4,400,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $4,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$363,348$360,111$356,954$353,872$350,862$343,497
2 years$179,875$176,525$173,278$170,131$167,077$159,692
3 years$118,726$115,361$112,123$109,004$106,001$98,825
4 years$88,157$84,803$81,597$78,531$75,601$68,691
5 years$69,820$66,486$63,322$60,320$57,470$50,845
6 years$57,600$54,291$51,174$48,238$45,474$39,141
7 years$48,875$45,594$42,526$39,659$36,983$30,943
8 years$42,334$39,082$36,065$33,269$30,681$24,932
9 years$37,249$34,028$31,063$28,338$25,838$20,376
10 years$33,183$29,994$27,081$24,428$22,015$16,836
11 years$29,859$26,702$23,842$21,259$18,934$14,029
12 years$27,091$23,966$21,159$18,647$16,407$11,771
13 years$24,751$21,658$18,904$16,463$14,308$9,931
14 years$22,746$19,687$16,986$14,614$12,542$8,417
15 years$21,011$17,984$15,336$13,033$11,043$7,160
16 years$19,494$16,500$13,904$11,670$9,760$6,110
17 years$18,156$15,196$12,652$10,485$8,654$5,228
18 years$16,969$14,042$11,550$9,449$7,694$4,483
19 years$15,908$13,014$10,573$8,538$6,858$3,851
20 years$14,954$12,093$9,704$7,733$6,126$3,314
21 years$14,092$11,264$8,925$7,018$5,482$2,855
22 years$13,310$10,515$8,226$6,381$4,914$2,463
23 years$12,597$9,834$7,595$5,811$4,411$2,126
24 years$11,944$9,214$7,024$5,300$3,965$1,837
25 years$11,344$8,647$6,506$4,841$3,568$1,589
26 years$10,791$8,127$6,034$4,426$3,214$1,375
27 years$10,280$7,648$5,603$4,051$2,897$1,190
28 years$9,807$7,207$5,209$3,712$2,614$1,031
29 years$9,367$6,799$4,847$3,404$2,361$894
30 years$8,956$6,421$4,515$3,124$2,133$775
31 years$8,574$6,070$4,209$2,869$1,928$672
32 years$8,216$5,743$3,927$2,637$1,744$583
33 years$7,880$5,439$3,667$2,425$1,579$505
34 years$7,564$5,155$3,426$2,231$1,429$439
35 years$7,268$4,889$3,203$2,054$1,295$381
36 years$6,988$4,641$2,997$1,891$1,173$330
37 years$6,724$4,408$2,805$1,743$1,063$287
38 years$6,475$4,189$2,627$1,606$964$249
39 years$6,239$3,983$2,461$1,481$874$216
40 years$6,015$3,790$2,306$1,366$793$188
41 years$5,803$3,607$2,163$1,260$719$163
42 years$5,602$3,436$2,029$1,163$653$142
43 years$5,410$3,273$1,904$1,074$592$123
44 years$5,228$3,120$1,787$991$538$107
45 years$5,054$2,975$1,678$916$488$93
46 years$4,888$2,838$1,576$846$443$81
47 years$4,730$2,709$1,481$781$402$70
48 years$4,579$2,586$1,391$722$365$61
49 years$4,434$2,469$1,308$667$332$53
50 years$4,296$2,359$1,229$617$301$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $4,400,000, adding $2,775 every year, while hoping to spend $31,096 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 78/12/10 Blend
71$4,400,000$4,400,000$4,400,000$4,400,000
72$4,851,662$4,618,462$4,550,262$5,221,682
73$5,313,446$4,811,681$4,669,610$5,658,462
74$5,821,289$5,013,325$4,791,914$6,133,100
75$6,379,858$5,223,775$4,917,240$6,652,762
76$6,994,291$5,443,428$5,045,656$7,221,924
77$7,670,253$5,672,700$5,177,229$7,845,515
78$8,413,983$5,912,027$5,312,031$8,528,958
79$9,232,357$6,161,863$5,450,131$9,278,230
80$10,132,949$6,422,687$5,591,602$10,099,908
81$11,124,107$6,694,995$5,736,518$11,001,237
82$12,215,027$6,979,311$5,884,952$11,990,198
83$13,415,843$7,276,181$6,036,982$13,075,576
84$14,737,722$7,586,176$6,192,683$14,267,050
85$16,192,966$7,909,895$6,352,134$15,575,278
86$17,795,132$8,247,964$6,515,415$17,012,002
87$19,559,160$8,601,039$6,682,606$18,590,153
88$21,501,510$8,969,806$6,853,789$20,323,974
89$23,640,321$9,354,982$7,029,047$22,229,156
90$25,995,578$9,757,321$7,208,465$24,322,982
91$28,589,305$10,177,608$7,392,127$26,624,491
92$31,445,771$10,616,668$7,580,120$29,154,654
93$34,591,718$11,075,363$7,772,532$31,936,578
94$38,056,614$11,554,596$7,969,453$34,995,713
95$41,872,930$12,055,313$8,170,971$38,360,101
96$46,076,449$12,578,503$8,377,178$42,060,631
97$50,706,599$13,125,202$8,588,166$46,131,336
98$55,806,831$13,696,496$8,804,028$50,609,710
99$61,425,024$14,293,520$9,024,859$55,537,060
100$67,613,937$14,917,464$9,250,753$60,958,899